One of the most oft-cited criticisms of startups—especially mobile firms—is that they sell a solution in search of a problem. Airbnb is making a powerful case that such comments do not apply to them, as they are seeing soaring growth among business travelers specifically because the...
China’s two biggest online services already have large payments operations — and now both have permission to be bankers, too. On Monday (Sept. 29), Alibaba Group’s Alipay affiliate won permission from the China Banking Regulatory Commission to set up a privately owned bank, according to...
After years of industry pressure for PayPal and eBay to split, the ultra-resistant eBay board this week surprised all, reversed itself and agreed to spin off PayPal late next year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Just another Tuesday in September. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive...
Bank of America Merrill Lynch on Tuesday (Sept. 30) launched a product called Digital Disbursements, which is designed to allow for digital payments right into bank accounts, using only a mobile phone number or an E-mail address as an identifier. Get the Full Story Complete...
Five years ago, all anyone wanted to talk about was Facebook and Twitter. Now, VCs are more focused on the B2B enterprise payments space than ever before. Bain Capital Ventures Managing Director, Matt Harris, shared his insights with MPD CEO Karen Webster on everything from...
A Harris poll has found that barely 5 percent of adult shoppers (they didn’t examine younger than 18-year-old behavior) have made a purchase on social networks. This is the context of Twitter preparing a major push for social shopping via its Buy Button. Get the...
Whatever else can be said about the payments ecosystem, there are a lot of numbers flying through the atmosphere and it can be hard to keep up. So PYMNTS is keeping on your behalf. From the very big, to the very small, from the ridiculous...
The Magic of the Camera Phone in Mobile Payments Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...
